307 E Powell LnAustinTX78753
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Austin at 307 E Powell Ln, Austin, TX, 78753 priced at $264,500 pairs $1,970/mo rent with after a $1,295/mo payment. Total monthly income equals $1,970/mo. Return on cash invested is 19.39% in year one, and rental yield stands at 8.94% on a $264,500 basis. Equity gained on principal adds $1,707/yr, and 5% annual appreciation accumulates to $73,076 by year five. Five-year ROI measures 101.88% and total cumulative return in cash reaches $89,330. For financing, Ziffy Mortgage’s DSCR program evaluates $1,970/mo property income against a $1,295/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1959
9,060 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78753, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,028 (100%) |
| Owner Occupied HU | 6,589 (27.4%) |
| Renter Occupied HU | 15,744 (65.5%) |
| Vacant Housing Units | 1,695 ( 7.1%) |
| Median Home Value | $416,345 |
| Average Home Value | $467,801 |
Housing Distribution
Address Breakdown
Residential
24,460
Single Family
9,898
Multi-Family
14,562
Businesses
1,374
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